Triton to acquire Aleris

Stockholm (Sweden) 12 July 2019 – Funds advised by Triton (“Triton“) have signed an agreement to acquire the larger part of the company commonly referred to as Aleris (“Aleris”), through the legal entities Aleris Healthcare AB and Aleris Imaging AB.

Aleris is one of the leading healthcare companies in the Nordics and a wholly-owned subsidiary of Patricia Industries, a part of Investor AB. Patricia Industries acquired Aleris in 2010. Triton´s acquisition does not include the entity Doktor24. The transaction is subject to regulatory approval. Patient care and daily operations of the company will continue as usual.

Headquartered in Stockholm, Sweden and with more than 3,000 employees, Aleris is a provider of specialty care, healthcare and radiology with a strong footprint across Scandinavia. The company’s specialist care operations cover hospitals, outpatient clinics, radiology and labs through more than 100 units with approximately one million radiological examinations annually.

"We look forward to actively supporting Aleris talented management and employees in developing the company. Our strong Nordic healthcare expertise, gained through our investments in Ambea and Mehiläinen and strengthened by our senior industry experts, will contribute in taking the company to the next level.” said Peder Prahl, Director of the General Partner for the Triton funds.

“Aleris is one of few private healthcare providers with scale in the Nordics and we believe that the market for high-quality healthcare services will play an even more important role in society in the future. We are impressed by the professionalism and commitment from Aleris employees and the company runs an attractive, quality focused business which is a market leader in several service areas and geographies. The Nordic healthcare services market is non-cyclical, and we see opportunities for further consolidation and digital transformation. Triton will be an active and responsible owner, supporting Aleris and it´s employees’ further development as leaders in this field”, said Jan Pomoell, Investment Advisory Professional, sector leader for Healthcare and advisor to the Triton Funds.